The Durham star is the clear favourite after Kevin Pietersen ruled himself out of the position, which became vacant when Michael Vaughan quit on Monday.

The selectors are expected to make several changes following the team's dismal World Cup and could bring in some of the England Lions A team.

Vaughan expects to be left out to give the new captain a chance to settle in.

Head coach Peter Moores, fresh from a 3-0 series Test win over West Indies, is looking to rebuild for the 2011 World Cup in Asia and knows he needs a new approach to the team's tactics.

"What's really exciting about the one-day game is that we've got scope because we've got some really good players," said Moores.

"They haven't quite yet gelled together or found a formula that brings success and that's one of the challenges I've got, along with the new captain and the team.

"They've got to find a way of playing and a style of playing that they can repeat and they can start moving up those rankings."

Next week, they have back-to-back Twenty20 matches against West Indies followed by three one-day internationals and, later this summer, they have a seven-match one-day series with India followed by the Twenty20 World Cup in South Africa.

Moores accepts that the new skipper will have to work closely with Test captain Vaughan if England are to be successful.

"I think we can make it work, I really do and I think it's a real positive for both sides," he said.

Former captain Graham Gooch and BBC cricket correspondent Jonathan Agnew have backed Collingwood, 31, to become captain.

Test wicketkeeper Matt Prior will be hoping to regain his place in the one-day squad after a 14-month absence and could keep World Cup keeper Paul Nixon on the sidelines.

Alastair Cook could return to the squad but Andrew Strauss' place could be in jeopardy after a poor run in the Test series and it seems too early for Marcus Trescothick to be brought back.

Seamer Liam Plunkett will hope his match-winning display in Durham's Friends Provident Trophy semi-final win over Essex will earn him a place in the squad after he was left out of the Test side.

Left-arm seamer Ryan Sidebottom could also be in contention after an impressive return to Test cricket.

And England Lions players, among them James Anderson, Owais Shah, Ed Joyce, Stuart Broad and Vikram Solanki, will all be hoping for call-ups.

England will be without injured all-rounders Andrew Flintoff and Ravi Bopara for the matches, which start with the first Twenty20 international at the Oval on 28 June.